The Five Fundamental Principles of Accounting Information Systems Are

question 131

Multiple Choice

The five fundamental principles of accounting information systems are:

• A)Control,accountability,relevance,compatibility,and flexibility.
• B)Control,relevance,compatibility,flexibility,and cost-benefit.
• C)Control,relevance,compatibility,flexibility,and safety.
• D)Control,relevance,compatibility,timeliness,and cost-benefit.
• E)Historical cost,relevance,compatibility,flexibility,and cost-benefit.

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Definitions:

Strom Thurmond

A long-serving U.S. Senator from South Carolina known for his staunch support of racial segregation and opposition to civil rights legislation.

Joseph McCarthy

A U.S. Senator known for his anti-Communist activities in the early 1950s, leading to a period of heightened fears and political repression known as McCarthyism.

Anticommunist Crusade

Political and social movements, especially during the Cold War, aimed at combatting and eradicating communist ideologies and influences.

Federal Government

The national government of the United States, which is responsible for areas like defense, foreign policy, and interstate commerce, distinct from state or local governments.